Glory Ventures

Glory Ventures is a Shanghai-based venture capital firm that focuses on early and growth-stage investments in technology sectors. The firm primarily invests in China and Israel, targeting startups in areas such as intelligent vehicles, consumer electronics, telecommunications, enterprise services, IoT, big data, artificial intelligence, and machine learning. Glory Ventures aims to build a portfolio of startups with high technological barriers and strong commercialization capabilities.

The firm's investment strategy emphasizes sectors that are synergistic with China's consumer market, including intelligent hardware, IoT, AI, and computer vision. In China, Glory Ventures sources deals in the new-generation IT industry, focusing on data awareness, transmission, storage, computing, and application in segments such as intelligent vehicles, consumer electronics, and telecommunications.

Glory Ventures has achieved significant fundraising milestones, including the final close of its third RMB-denominated fund at 682 million yuan ($96 million) and the first close of its $100 million second US dollar fund. The firm's portfolio includes over 40 startups, with limited partners such as Gaorong Capital, Morningside Venture Capital, Lightspeed China Partners, and Sky9 Capital. Notable investments include Neolix Technologies, a Chinese developer of level 4 autonomous driving vehicles; Vertilite, a Chinese vertical-cavity surface-emitting laser solutions firm; Innoviz Technologies, an Israel-based LiDAR provider; and Hailo, an Israeli deep learning chip maker.